ShareVault is a reputable provider of virtual data room (VDR) solutions, offering secure and efficient document management for businesses across various industries. This review explores ShareVault’s features, security measures, pricing, and customer support to help you determine if it’s the right VDR for your organization.
Overview of ShareVault Virtual Data Room
Headquarters: Los Gatos, California, USA
Industries Served: Mergers and acquisitions, asset sales, fundraising, licensing/partnering, board collaboration, and more.
ShareVault provides a secure platform for sharing confidential documents with third parties, backed by experience in billions of dollars in deal transactions.
Key Features
ShareVault offers a comprehensive suite of features designed to facilitate secure and efficient document management:
- User-Friendly Interface: An intuitive platform that simplifies navigation and enhances productivity.
- Advanced Search Capabilities: Features like Optical Character Recognition (OCR) enable users to locate specific documents or data swiftly.
- Granular Permission Settings: Allows administrators to control access at detailed levels, ensuring that users have appropriate permissions.
- Document Watermarking: Automatically adds customizable watermarks to documents to deter unauthorized distribution.
- Audit Trails and Analytics: Provides detailed reports on user activity, including document views and downloads, enhancing transparency and accountability.
- Integration Capabilities: Seamlessly integrates with existing Single Sign-On (SSO) providers like Okta, OneLogin, and Google, as well as compatibility with iOS and Android devices.
Security Measures
Security is a cornerstone of ShareVault’s services, implementing several measures to safeguard client data:
| Security Feature | Description |
|---|---|
| Data Encryption | Employs advanced encryption protocols to protect data both in transit and at rest. |
| Two-Factor Authentication | Requires users to verify their identity through multiple methods, adding an extra layer of security. |
| Granular Access Controls | Enables precise control over user permissions, ensuring that individuals access only the information pertinent to them. |
| Document Expiration | Allows administrators to set expiration dates for document access, limiting availability as needed. |
| Remote Purge | Provides the capability to remotely delete documents from users’ devices, preventing unauthorized access if a device is lost or compromised. |
Pricing Plans
ShareVault offers tailored pricing plans to fit the specific needs of your project.
For detailed pricing information, it’s recommended to contact ShareVault’s sales team directly.
Customer Support
ShareVault provides comprehensive customer support to assist users:
- 24/7 Support: Offers round-the-clock assistance to address any technical issues or inquiries.
- Dedicated Account Managers: Assigns specific representatives to clients, ensuring personalized and consistent support.
- Training Resources: Provides tutorials and documentation to help users maximize the platform’s capabilities.
Alternatives to Consider
While ShareVault offers a robust set of features, it’s prudent to consider other VDR providers to ensure the best fit for your organization:
| Provider | Key Features | Pricing | Best For |
|---|---|---|---|
| Firmex | User-friendly interface, advanced security features, customizable dashboards. | Custom pricing | Legal firms, financial institutions. |
| Intralinks | Comprehensive features, intuitive interface, secure collaboration tools. | Custom pricing | Large enterprises, complex transactions. |
| Datasite | Advanced analytics, AI-driven document indexing, real-time notifications. | Custom pricing | Investment banking, M&A advisory. |
When evaluating alternatives, consider factors such as security features, ease of use, customer support, and pricing to determine the most suitable VDR for your specific requirements.
Conclusion
ShareVault stands out as a secure and reliable virtual data room provider, offering essential features tailored for industries requiring stringent document management and security. Its commitment to data protection, combined with user-friendly functionalities, makes it a viable option for businesses of varying sizes.
Is ShareVault the right choice for you?
If your organization values robust security measures, straightforward document management features, and dedicated customer support, ShareVault is worth considering. However, for those seeking more advanced functionalities or specific industry-focused tools, exploring alternative VDR providers may be beneficial.